Credit Risk Officer, Energy Trading Credit Risk Management - Vice President

Job Title Credit Risk Officer, Energy Trading Credit Risk Management

Corporate Title Vice President

Location New York

The Chief Risk Office has Group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks and has the responsibility of continual development of methods for risk measurement, frameworks and creating a bank wide strong risk culture. You will work within the Credit Risk Management (CRM) area within the Chief Risk Office. CRM is a key '2nd Line of Defense' function within the broader Risk Division at Deutsche Bank covering the Corporate & Investment Banks (CB & IB) along with the Private Bank.

The Energy Trading Credit Risk team is a new team that is being established to manage the credit risk arising from Deutsche Bank's expanding energy trading business. As a senior Credit Officer in the team, you will be responsible for handling approvals for all credit exposure resulting from energy trading transactions, with underlying’s covering oil, natural gas, emissions and UK and US power, you will be expected to provide expert guidance, propose risk-mitigating structures and approvals/declines, for proposed transactions, you will need to partner closely with Front Office, Market Risk, Legal and Senior CRM Management to ensure robust, forward-looking risk oversight and optimal risk/return outcomes.

• A diverse and inclusive environment that embraces change, innovation, and collaboration

• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift and volunteer programs

• Setting and monitoring counter party credit limits and ratings. You will also be performing detailed credit analysis - reviewing due diligence/counter party profiles and transaction request memos

• Reviewing documentation terms including proposing appropriate risk-mitigation

• Approving/declining transactions within delegated individual credit authority; and providing recommendations to Senior CRM committees/ risk approvers for larger exposures

• Managing the end-to-end credit lifecycle of individual transactions/counter parties – including onboarding, limit setting, exposure monitoring, and early warning identification

• Portfolio monitoring, including identification of emerging risks / trends across the portfolio, and assessment of concentration risks

• Interfacing with senior management, business unit, internal and external regulators and other key stakeholders. You will also drive continuous improvement in processes, analytics, and reporting capabilities. Supporting digitalization/ AI initiatives in this area and supporting any internal and external audit engagement.

• Partner with Front Office leadership to provide constructive challenge, shape risk-mitigating transaction structures, and support sustainable risk-adjusted growth across the energy trading portfolio

• Lead collaboration across Market Risk, Legal, Operations, and other control functions to ensure consistent credit standards, clear accountability, and timely resolution of complex risk matters

• Influence Senior CRM Management and governance committees through clear recommendations, forward-looking portfolio insights, and decisive escalation of emerging risks and concentration concerns

• Extensive relevant energy trading credit assessment experience

• Solid analytical skills, including derivatives…